Let X be a binomial random variable with n = 25 and p = 0.01.
a. Use the binomial table to find P(X = 0), P(X = 1), and P(X = 2).
b. Approximate the three probabilities in part (a) using the appropriate Poisson distribution.
c. Compare your approximations in part (b) with the exact probabilities found in part (a). What is your conclusion?

Question

Quizplus · Accepted Answer

The Answer of Let X be a binomial random variable with n = 25 and p = 0.01.
a. Use the binomial table to find P(X = 0), P(X = 1), and P(X = 2).
b. Approximate the three probabilities in part (a) using the appropriate Poisson distribution.
c. Compare your approximations in part (b) with the exact probabilities found in part (a). What is your conclusion?

Let X Be a Binomial Random Variable with N =